HOME search
NM School Portal ONE CLICKS Money for College Borrowers About Us

Currently Congress is debating the recommendation to eliminate the federally guaranteed student loan program. Click below for more information.

 

Benefits for Stafford Subsidized/Unsubsidized, PLUS and Grad-PLUS Loans

These benefits will be offered to borrowers on loans first disbursed on/after 7/1/09 to New Mexico residents and non-residents attending New Mexico postsecondary institutions:

  • 1% default fee will be paid by New Mexico Student Loan Guarantee Corporation
  • .25% interest rate reduction for electronic payment

* Click here for benefits offered to borrowers for loans disbursed on or prior to 6/30/09.

New Mexico Student Loans reserves the right to modify or discontinue programs/benefits at any time. Some restrictions may apply.

QUICK LINKS

 

 
If your school is not listed, please contact your financial aid office for details on how to apply for a loan from NMSL.  * Please contact your financial aid advisor to see if you qualify to participate in the PLUS loan programs.

New Mexico Student Loans is a nonprofit organization founded to improve educational opportunities for students seeking a postsecondary education.

P.O. Box 27020, Albuquerque, NM 87125 | 505-345-3371 | 800-279-5063 | Contact Us | Lender Code:  822717